St. George Mining Ltd. (AU:SGQ) has released an update.
St George Mining Ltd. has entered into a non-binding Memorandum of Understanding with SKI HongKong Limited to collaborate on the Araxá niobium-REE Project in Brazil. This partnership aims to advance the project’s feasibility studies, with potential offtake arrangements and financing opportunities on the horizon. SKI’s involvement highlights the project’s potential as a significant supplier of niobium amidst growing global demand.
For further insights into AU:SGQ stock, check out TipRanks’ Stock Analysis page.
